NOT LISTED FOR SALE

519 Palm Trail Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $6,107,000 - $9,428,000

5 Beds
5.5 Baths
6,260 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $2,600,000 $415 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $50,954/month

39 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • 19,765 Sq Ft lot
  • Home fronts navigable water
  • Free Form Pool
  • Deck

About This Home

As of October 2016

Incredible opportunity to renovate existing home or to build a new one in this sought after Palm Trail neighborhood. Located on a gorgeous estate sized lot with 100 ft of direct Intracoastal frontage & 200 ft of depth, this truly is a rare find!! Situated less than a mile from Atlantic Ave and the gorgeous beaches of Delray, this charming British West Indies style home offers over 7,100 total sq. ft. With unending Intracoastal views in all directions, this family style home offers five bedrooms and five and a half baths. A separate Guest cottage features living quarters with a bedroom, bath, and its own private entrance. The beautifully landscaped lot is truly a tropical paradise and features magnificent Old Florida foliage. A freeform pool, dock with boat lift,

Last Agent to Sell the Property

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 07/25/2016

One Sotheby's International Realty

Last Buyer's Agent

Andrew Maggiore

Seagate Realty Group, LLC License #3281943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,933

Year Built

  • Built in 1971

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fenced
  • Property is zoned R-1-AA

Parking

  • 1 Car Garage
  • Circular Driveway

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Aluminum Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,260 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Skylights
  • Fireplace
  • Awning
  • Great Room
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Clay
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • Hofman Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609250010050

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,933

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: George Bush Blvd to Palm Trail, south to property on Intracoastal side
  • Year Built: 1971
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Family/Dining Room, Fireplace, Kitchen/Dining Combo, Living/Dining Room, Pantry, Split Bedrooms, Skylights, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Clay, Tile, Wood
  • Living Area: 6260.0
  • Dining Room Type: Family Room, Florida Room, Great Room, In-Law Suite, Laundry, Recreation, Storage Room
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Awning(s), Balcony, Deck, Fence, Outdoor Grill, Patio
  • View: Garden, Intercoastal, Pool
  • Pool Features: Free Form, Other, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Other, Wood Siding
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Aluminum, Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Covered, Driveway, Detached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609250010050
  • Lot Size Sq Ft: 19765.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 42933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Mayman Thomas and Mayman Anna
Bought by
Sandelman Jeffrey and The Elsan Trust
Current Estimated Value
$8,172,539

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 2, 2016
Sold by
Gross Family Holdings Llc
Bought by
Mayman Thomas
Seller's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
Buyer's Agent
Andrew Maggiore
Seagate Realty Group, LLC
List Price
$2,850,000
Sold Price
$2,600,000
Premium/Discount to List
-$250,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%

Purchase Details

Listed on
Oct 24, 2013
Closed on
Nov 7, 2014
Sold by
Shumway Todd and Shumway Jennifer
Bought by
Gross Family Holdings Llc
Seller's Agent
Judith Lukens
Premier Estate Properties, Inc
List Price
$2,995,000
Sold Price
$2,625,000
Premium/Discount to List
-$370,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Jun 22, 2007
Sold by
Smith Robert A
Bought by
Shumway Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
6.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 30, 2002
Sold by
Barrett Mildred T
Bought by
Smith Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4%

Purchase Details

Closed on
Aug 9, 1993
Sold by
Barrett James M and Barrett Mildred T
Bought by
Barrett Mildred T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.34%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Barret James M and Barrett Mildred T
Bought by
Americas Wholesale Lender

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sandelman Jeffrey $6,112,000 Attorney
Mayman Thomas $2,600,000 Trident Title
Gross Family Holdings Llc $2,546,250 Attorney
Shumway Todd $1,900,000 Ameristar Title Insurance Ag
Smith Robert A $2,500,000 --
Barrett Mildred T -- --
Americas Wholesale Lender -- --
Barrett James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shumway Todd $1,462,500
Previous Owner Smith Robert A $1,750,000
Previous Owner Barrett James M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2016 10/03/16 Sold $2,600,000 -8.8% $415 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $2,850,000 0.0% $455 / Sq Ft
01/20/2015 01/20/15 Rented $15,000 -99.4% --
12/21/2014 12/21/14 Under Contract -- -- --
11/07/2014 11/07/14 Sold $2,625,000 0.0% $457 / Sq Ft View Prior Sale
11/06/2014 11/06/14 For Rent $25,000 0.0% --
10/08/2014 10/08/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $2,995,000 -- $521 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $97,117 $5,350,059 -- --
2023 $94,302 $5,004,849 $0 $0
2022 $94,036 $4,859,077 $0 $0
2021 $49,292 $2,473,449 $0 $0
2020 $48,983 $2,437,057 $0 $0
2019 $48,471 $2,385,648 $0 $0
2018 $46,533 $2,341,166 $0 $0
2017 $46,484 $2,293,013 $2,162,047 $130,966
2016 $46,438 $2,147,257 $0 $0
2015 $42,933 $1,952,052 $0 $0
2014 $34,219 $1,571,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JULIE ANN GIACHETTI

    One Sotheby's International Realty

    (561) 212-0022

    8 in this area

    33 Total Sales

    JULIE ANN GIACHETTI
    Section Image

  • A

    Buyer's Agent in 2016

    Andrew Maggiore

    Seagate Realty Group, LLC

    (561) 404-2664

    2 Total Sales

    Andrew Maggiore
    Section Image

  • A

    Seller's Agent in 2015

    Alan Gross

    Inactive Member

  • Alicia Lammersdorf

    Buyer's Agent in 2015

    Alicia Lammersdorf

    Illustrated Properties

    (561) 809-8328

    4 in this area

    47 Total Sales

    Alicia Lammersdorf
    Section Image

  • J

    Seller's Agent in 2014

    Judith Lukens

    Premier Estate Properties, Inc

    (561) 271-6702

    4 in this area

    16 Total Sales

    Judith Lukens
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Kim Lekas

    Premier Estate Properties, Inc

    (561) 756-4287

    4 in this area

    20 Total Sales

    Kim Lekas
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10253505

BeachesMLS

APN: 12-43-46-09-25-001-0050

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

519 Palm Trail, Delray Beach, FL

This home is located at 519 Palm Trail, Delray Beach, FL 33483 since 25 July 2016 and is currently estimated at $8,172,539, approximately $1,305 per square foot. This property was built in 1971. 519 Palm Trail is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Community Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes